Company/Division name | Ocean Wind |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2021 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 250 |
Country(ies) from which reshored: | Germany,Spain |
City reshored to: | Gloucester County |
State(s) reshored to: | NJ |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | wind turbines |
What domestic positive factors made reshoring more attractive? | Proximity to customers/market, Raw Materials Cost, U.S. price of natural gas/chemicals/electricity |